Multifamily

High-earning households are heading out of New York and California.

California metros are gaining million-dollar homes faster than anywhere else in the US.

Multifamily CMBS delinquency was also up, but retail and lodging rates were down.

They consist of 22 retail and 171 residential units.

The market is on a path for recovery.

Investor home purchases rose 3.4% in Q2, while overall U.S. home purchases fell 1.9%

It includes four buildings, spanning 139,545 square feet.

Office space continues to lag while multifamily development bounces back, according to a new Lee & Associates report.